The Bi-Nomics of Joe Biden

The inflation rate has come down to about 4 percent after peaking a year or so ago at over 9 percent. But prices have risen significantly in the past couple of years by 16%. Real wages have improved in the last month, but for 25 prior months, real wages were falling. And that is why Joe Biden gets such poor marks on the economy. He's trying to sell something called bi-nomics. It's just a lot of top-down government spending. Just as the student loan program is vote buying. So even though factually the second quarter at 2.4 was okay, I'd like to see 5 or 6 percent growth.